Our main sources of funds are from,
Banks:
State Bank of India
Tamilnad Mercantile Bank Limited
Bank of Maharashtra
IDFC First Bank Limited
Union Bank of India
Canara Bank
Dhanalaxshmi Bank
Bank of Baroda
Indian Overseas Bank
Financial Institutions:
Reliance Commercial Finance Limited
MAS Financial Services Limited
Electronica Finance Limited
Incred Financial Service Limited
AVANSE Financial Service Limited
Manaveeya Financial Service Limited (OIKO)
Jain Sons Finlease Limited (Intellegrow)
Eclear Leasing & Finance Private Limited
Western Capital Advisors Pvt Ltd
Ambit Finvest Services Ltd
Profectus Capital
Hinduja Leyland Finance
SMC Finance
Ananya Finance
Samunnati Financial Intermediation
MUDRA
SIDBI
Visu leasing and finance Private limited.
S.S Prabhashini.
Shine Star Build-Cap Private limited.
Chartered Finance & Leasing Ltd.
Arohan FInancial Services Limited.
Nabfins Limited.
Rar Fincare Limited.
Usha Financial Services Pvt Ltd.
Friends of WWB
Nabkisan Finance Limited
Real Touch Finance Limited
Shriram Finance Limited
Black Soil Capital Private Limited
At present, we have approached some other Financial Institutions and nationalized bankers to step up our loan portfolio, which in turn will improve the profitability. Virutcham has planned to do the Business Correspondent Model with State Bank of India for extending Microfinance services in Tamilnadu and Other states. Virutcham has been in discussion with various banks to act as business correspondent model.